Swap Collateral Cash Account definition

Swap Collateral Cash Account means the Euro denominated collateral account established in the name of the Guarantor with the Account Bank, IBAN IT 36 Q 03479 01600 000800951305, or such other substitute account as may be opened in accordance with the Cash Allocation, Management and Payments Agreement.

Swap Collateral Cash Account means the account IBAN No. GB29 PARB 6095 8870 2266 71 and any collateral account with respect to each Swap Provider, opened, in name and on behalf of the Guarantor, with the Swap Collateral Account Bank on which each Swap Collateral in the form of cash is and/or will be posted in accordance with the relevant Swap Agreement and the English Account Bank Agreement.

Swap Collateral Cash Account means an account opened in the name of the Current Issuer for the purpose of holding Swap Collateral in cash and maintained in accordance with the terms of the Current Issuer Cash Management Agreement;

Examples of Swap Collateral Cash Account in a sentence

• The Swap Collateral Cash Account will be opened and maintained with the Account Bank.

• Swap Collateral Cash Account The Swap Collateral Cash Account is a Swap Collateral Accountand will be used to hold collateral posted by a Swap Counterparty in form of cash.

• The Swap Collateral Accounts are the Swap Collateral Cash Account and, if it has been opened, the Swap Collateral Custody Account.

• The Swap Collateral Cash Account and the Swap Collateral Custody Account Any cash amounts received by the Issuer pursuant to the Issuer Swap Agreement Credit Support Document will be paid into an interest bearing account in the name of the Issuer with the Operating Bank (the "Swap Collateral Cash Account") and securities received by the Issuer pursuant to the Issuer Swap Agreement Credit Support Document will be deposited into a custody account (the "Swap Collateral Custody Account").

• Amounts standing to the credit of the Swap Collateral Cash Account and/or the Swap Collateral Custody Account will only be available to the Transaction Creditors to the extent that such amounts are applied in or towards satisfaction of the Swap Counterparty's obligations to the Issuer upon termination of the Swap Agreement.

• Payments out of the Swap Collateral Cash Account and the Swap Collateral Custody Account prior toEnforcement..............................................

• In its capacity as the Operating Bank, The Bank of New York will act as the operating bank in relation to the Transaction Account, Swap Collateral Cash Account, Swap Collateral Custody Account and, in certain circumstances, the Stand-by Account through its office located at 48th Floor, One Canada Square, London E14 5AL.

• Both the Swap Collateral Cash Account and the Swap Collateral Custody Account shall be held with the Operating Bank.

• Cash amounts will be paid into the Swap Collateral Cash Account and securities will be transferred to the Swap Collateral Custody Account.

• Cash amounts will be transferred to the Swap Collateral Cash Account and securities will be transferred to the Swap Collateral Custody Account.

More Definitions of Swap Collateral Cash Account

Swap Collateral Cash Account means an account opened in the name of the Current Issuer for the purpose of holding Swap Collateral in Cash and maintained in accordance with the terms of the Current Issuer Cash Management Agreement;

Swap Collateral Cash Account means any collateral account with respect to each Swap Provider, which may be opened, in name and on behalf of the Guarantor, with the Swap Collateral Account Bank on which each Swap Collateral in the form of cash may be posted in accordance with the relevant Swap Agreement and the Cash, Allocation, Management and Payments Agreement.

Swap Collateral Cash Account means any Swap Collateral Account for the purpose of holding Swap Collateral in the form of cash; Swap Collateral Cash Agreement means the swap collateral account bank agreement dated 1 November 2018 between, inter alios, the Issuer, The Bank of New York Mellon acting through its London branch as the Account Bank and the Note Trustee and, as applicable any additional account bank agreement entered into by the Issuer and an Account Bank in relation to the establishment of Swap Collateral Cash Account from time to time;

Swap Collateral Cash Account means the Euro denominated collateral account that may be opened in the name of the Guarantor with the Account Bank or such other substitute account as may be opened in accordance with the Cash, Management and Agency Agreement.